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Recent events
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News
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Corporate Actions
Man Industries (India) Dec-Quarter Consol Net Profit 341.3 Million Rupees
Feb 12 (Reuters) - Man Industries (India) Ltd MIND.NS:
DEC-QUARTER CONSOL NET PROFIT 341.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.32 BILLION RUPEES
Source text: [ID:]
Further company coverage: MIND.NS
(([email protected];;))
Feb 12 (Reuters) - Man Industries (India) Ltd MIND.NS:
DEC-QUARTER CONSOL NET PROFIT 341.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.32 BILLION RUPEES
Source text: [ID:]
Further company coverage: MIND.NS
(([email protected];;))
Man Industries' CFO Sanjay Kumar Agrawal Resigns
Jan 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
SANJAY KUMAR AGRAWAL RESIGNS AS CFO
Source text: ID:nBSE8TLWWH
Further company coverage: MIND.NS
(([email protected];))
Jan 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
SANJAY KUMAR AGRAWAL RESIGNS AS CFO
Source text: ID:nBSE8TLWWH
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) To Monetize Assets Of Merino Shelters
Nov 21 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) - TO MONETIZE ASSETS OF MERINO SHELTERS
Source text: ID:nBSE9H7FgY
Further company coverage: MIND.NS
(([email protected];))
Nov 21 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) - TO MONETIZE ASSETS OF MERINO SHELTERS
Source text: ID:nBSE9H7FgY
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) To Consider Sale Of Asset Of Unit
Nov 19 (Reuters) - Man Industries (India) Ltd MIND.NS:
TO CONSIDER SALE OF ASSET OF UNIT
Source text: ID:nBSE9mSC6Z
Further company coverage: MIND.NS
(([email protected];;))
Nov 19 (Reuters) - Man Industries (India) Ltd MIND.NS:
TO CONSIDER SALE OF ASSET OF UNIT
Source text: ID:nBSE9mSC6Z
Further company coverage: MIND.NS
(([email protected];;))
Man Industries (India) Announces Expansion Plan To Set Up New Plant At Dammam, Saudi Arabia
Aug 13 (Reuters) - Man Industries (India) Ltd MIND.NS:
EXPANSION PLAN TO SET UP NEW PLANT AT DAMMAM, SAUDI ARABIA
PROJECT COST OF ABOUT 6 BILLION RUPEES FOR NEW PLANT
Further company coverage: MIND.NS
(([email protected];))
Aug 13 (Reuters) - Man Industries (India) Ltd MIND.NS:
EXPANSION PLAN TO SET UP NEW PLANT AT DAMMAM, SAUDI ARABIA
PROJECT COST OF ABOUT 6 BILLION RUPEES FOR NEW PLANT
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) Gets Order Of 18.50 Bln Rupees
July 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
GETS API LINE PIPE ORDER OF 18.50 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
July 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
GETS API LINE PIPE ORDER OF 18.50 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) Ltd- Gets New Export Orders Of About 5.05 Billion Rupees
Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) LTD- GETS NEW EXPORT ORDERS OF ABOUT 5.05 BILLION RUPEES
Source text for Eikon: ID:nBSE89v4W4
Further company coverage: MIND.NS
Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) LTD- GETS NEW EXPORT ORDERS OF ABOUT 5.05 BILLION RUPEES
Source text for Eikon: ID:nBSE89v4W4
Further company coverage: MIND.NS
Man Industries India rises on nod for pipeline coating
** Shares of Man Industries (India) MIND.NS up 1.2%, rising for third session in a row amid weaker broader markets
** Co gets nod from Netherlands-based Shell Global Solutions International BV for pipelines coating contract
** Stock is up 36.4% YTD, outpacing its peers
** Jindal Stainless JIST.NS and Tata Steel TISC.NS, have gained 17.4% and 13.7%, respectively
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Man Industries (India) MIND.NS up 1.2%, rising for third session in a row amid weaker broader markets
** Co gets nod from Netherlands-based Shell Global Solutions International BV for pipelines coating contract
** Stock is up 36.4% YTD, outpacing its peers
** Jindal Stainless JIST.NS and Tata Steel TISC.NS, have gained 17.4% and 13.7%, respectively
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Man Industries (India) Says Co's Gujarat Plant Got CE Certification
April 3 (Reuters) - Man Industries (India) Ltd MIND.NS:
CO'S GUJARAT PLANT GOT CE CERTIFICATION
Source text for Eikon: ID:nBSE71bnfy
Further company coverage: MIND.NS
(([email protected];))
April 3 (Reuters) - Man Industries (India) Ltd MIND.NS:
CO'S GUJARAT PLANT GOT CE CERTIFICATION
Source text for Eikon: ID:nBSE71bnfy
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) Says Man Stainless Steel Tubes Announces Commencement Of First Erw Mill Operation At Anjar
March 27 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) LTD - MAN STAINLESS STEEL TUBES LIMITED ANNOUNCES COMMENCEMENT OF FIRST ERW MILL OPERATION AT ANJAR
MAN INDUSTRIES (INDIA) - FACILITY RENDERS MSSTL ELIGIBLE FOR CONCESSIONAL INCOME TAX RATE OF 15% TILL PERPETUITY
MAN INDUSTRIES (INDIA) - ERW MILL HAS INSTALLED CAPACITY OF 50,000 METRIC TONS PER ANNUM
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
March 27 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) LTD - MAN STAINLESS STEEL TUBES LIMITED ANNOUNCES COMMENCEMENT OF FIRST ERW MILL OPERATION AT ANJAR
MAN INDUSTRIES (INDIA) - FACILITY RENDERS MSSTL ELIGIBLE FOR CONCESSIONAL INCOME TAX RATE OF 15% TILL PERPETUITY
MAN INDUSTRIES (INDIA) - ERW MILL HAS INSTALLED CAPACITY OF 50,000 METRIC TONS PER ANNUM
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
Man Industries India jumps on bagging $67 mln orders
** Shares of Man Industries (India) MIND.NS up 3.8%
** Stock rose as much as 5% to hit day's high of 398.55 rupees
** Steel products maker co said it bagged new orders worth 5.55 bln rupees (about $67 mln)
** MIND on track to snap four consecutive session of losses, if trend holds
** Stock trading above 100- and 200-day moving avgs since last March
** Stock up ~11% so far in February, on track to snap six-month gain
($1 = 82.8910 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Man Industries (India) MIND.NS up 3.8%
** Stock rose as much as 5% to hit day's high of 398.55 rupees
** Steel products maker co said it bagged new orders worth 5.55 bln rupees (about $67 mln)
** MIND on track to snap four consecutive session of losses, if trend holds
** Stock trading above 100- and 200-day moving avgs since last March
** Stock up ~11% so far in February, on track to snap six-month gain
($1 = 82.8910 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
India's Man Industries gains on winning orders worth $63 million
** Shares of Man Industries MIND.NS rise as much as 3% to 419 rupees apiece
** Welded pipes and steel products maker wins orders worth about 5.25 billion rupees (about $63 million), for the supply of pipes, from domestic and international customers
** These orders are to be executed in the next six to seven months
** With the new orders, MIND's total unexecuted order book stands at 16 bln rupees
** Including Monday's gains, MIND's shares up 44% in 2024 so far - LSEG data
** MIND had hit a record high on Jan. 15 after receiving orders worth 4 billion rupees nL4N3E50XA
($1 = 82.9800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Man Industries MIND.NS rise as much as 3% to 419 rupees apiece
** Welded pipes and steel products maker wins orders worth about 5.25 billion rupees (about $63 million), for the supply of pipes, from domestic and international customers
** These orders are to be executed in the next six to seven months
** With the new orders, MIND's total unexecuted order book stands at 16 bln rupees
** Including Monday's gains, MIND's shares up 44% in 2024 so far - LSEG data
** MIND had hit a record high on Jan. 15 after receiving orders worth 4 billion rupees nL4N3E50XA
($1 = 82.9800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Man Industries India falls on weak Q3 results
** Shares of Man Industries (India) MIND.NS down 11.3% after co posts weak Q3 results
** Steel products maker on Tuesday reported a 17.7% Y/Y fall in net profit, as expenses grew 29.2%
** Co approved fundraising up to 2.50 bln rupees ($30 mln)
** Trading vol 1.8x the 30-day avg
** Stock rose ~53% in Q3 FY24 and 267% in CY24
($1 = 83.1530 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Man Industries (India) MIND.NS down 11.3% after co posts weak Q3 results
** Steel products maker on Tuesday reported a 17.7% Y/Y fall in net profit, as expenses grew 29.2%
** Co approved fundraising up to 2.50 bln rupees ($30 mln)
** Trading vol 1.8x the 30-day avg
** Stock rose ~53% in Q3 FY24 and 267% in CY24
($1 = 83.1530 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Man Industries (India) Approves Raising Of Funds Up To 2.50 Billion Rupees
Jan 23 (Reuters) - Man Industries (India) Ltd MIND.NS:
APPROVED RAISING OF FUNDS UP TO 2.50 BILLION RUPEES
DEC-QUARTER CONSOL NET PROFIT 306 MILLION RUPEES VERSUS PROFIT 372 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.33 BILLION RUPEES VERSUS 6.58 BILLION RUPEES
Source text for Eikon: ID:nBSE1KYnDP
Further company coverage: MIND.NS
(([email protected];))
Jan 23 (Reuters) - Man Industries (India) Ltd MIND.NS:
APPROVED RAISING OF FUNDS UP TO 2.50 BILLION RUPEES
DEC-QUARTER CONSOL NET PROFIT 306 MILLION RUPEES VERSUS PROFIT 372 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.33 BILLION RUPEES VERSUS 6.58 BILLION RUPEES
Source text for Eikon: ID:nBSE1KYnDP
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) hits record high on $48 mln order wins
** Shares of Man Industries (India) MIND.NS up 5.4% to a record high of 355.5 rupees
** Steel products maker received new orders worth 4 bln rupees (about $48 mln) for supply of pipes
** Stock has been trading below its 50-, 100-, 200-day simple moving avg since early 2020
** It gained ~260% in 2023
($1 = 82.8090 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Man Industries (India) MIND.NS up 5.4% to a record high of 355.5 rupees
** Steel products maker received new orders worth 4 bln rupees (about $48 mln) for supply of pipes
** Stock has been trading below its 50-, 100-, 200-day simple moving avg since early 2020
** It gained ~260% in 2023
($1 = 82.8090 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Man Industries (India) Tests Pipes For Safe Hydrogen Transportation Conducted By European Research Centre For Hydrogen Transport
Dec 28 (Reuters) - Man Industries (India) Ltd MIND.NS:
TESTING OF PIPES FOR SAFE HYDROGEN TRANSPORTATION CONDUCTED BY EUROPEAN RESEARCH CENTRE FOR HYDROGEN TRANSPORT
Source text for Eikon: ID:nBSE44K3Fk
Further company coverage: MIND.NS
(([email protected];))
Dec 28 (Reuters) - Man Industries (India) Ltd MIND.NS:
TESTING OF PIPES FOR SAFE HYDROGEN TRANSPORTATION CONDUCTED BY EUROPEAN RESEARCH CENTRE FOR HYDROGEN TRANSPORT
Source text for Eikon: ID:nBSE44K3Fk
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) Posts Sept-Quarter Consol Net Profit
Nov 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) SEPT-QUARTER CONSOL NET PROFIT 390.4 MILLION RUPEES VERSUS LOSS 50.9 MILLION RUPEES
MAN INDUSTRIES (INDIA) SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.18 BILLION RUPEES VERSUS 4.65 BILLION RUPEES
Source text for Eikon: ID:nBSE5McsrY
Further company coverage: MIND.NS
(([email protected];;))
Nov 8 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) SEPT-QUARTER CONSOL NET PROFIT 390.4 MILLION RUPEES VERSUS LOSS 50.9 MILLION RUPEES
MAN INDUSTRIES (INDIA) SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.18 BILLION RUPEES VERSUS 4.65 BILLION RUPEES
Source text for Eikon: ID:nBSE5McsrY
Further company coverage: MIND.NS
(([email protected];;))
Man Industries (India) Gets New Orders Of Approx. 3.80 Billion Rupees
Nov 6 (Reuters) - Man Industries (India) Ltd MIND.NS:
GETS NEW ORDERS OF APPROX. 3.80 BILLION RUPEES
Source text for Eikon: ID:nBSEb1SMS5
Further company coverage: MIND.NS
(([email protected];))
Nov 6 (Reuters) - Man Industries (India) Ltd MIND.NS:
GETS NEW ORDERS OF APPROX. 3.80 BILLION RUPEES
Source text for Eikon: ID:nBSEb1SMS5
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) To Consider Proposal For Raising Funds By Way Of Issue Of One Or More Instruments
Oct 4 (Reuters) - Man Industries (India) Ltd MIND.NS:
TO CONSIDER PROPOSAL FOR RAISING FUNDS BY WAY OF ISSUE OF ONE OR MORE INSTRUMENTS
Source text for Eikon: ID:nBSE8ClVqj
Further company coverage: MIND.NS
(([email protected];))
Oct 4 (Reuters) - Man Industries (India) Ltd MIND.NS:
TO CONSIDER PROPOSAL FOR RAISING FUNDS BY WAY OF ISSUE OF ONE OR MORE INSTRUMENTS
Source text for Eikon: ID:nBSE8ClVqj
Further company coverage: MIND.NS
(([email protected];))
India's Man Industries hits one-week peak on order win
** Shares of Man Industries MIND.NS advance as much as 4.8% to 195.40 rupees to hit one-week high
** The carbon steel line pipes maker says it has won order worth 4 billion rupees ($48.08 million); current order book stands at 16 billion rupees
** Stock has more than doubled YTD
($1 = 83.1900 Indian rupees)
(Reporting by Archishma Iyer in Bengaluru)
(([email protected];))
** Shares of Man Industries MIND.NS advance as much as 4.8% to 195.40 rupees to hit one-week high
** The carbon steel line pipes maker says it has won order worth 4 billion rupees ($48.08 million); current order book stands at 16 billion rupees
** Stock has more than doubled YTD
($1 = 83.1900 Indian rupees)
(Reporting by Archishma Iyer in Bengaluru)
(([email protected];))
Man Industries (India) June-Quarter Consol Net Profit Rises
Aug 7 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) JUNE-QUARTER CONSOL NET PROFIT 112.1 MILLION RUPEES VERSUS PROFIT 98.4 MILLION RUPEES
MAN INDUSTRIES (INDIA) JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.90 BILLION RUPEES VERSUS 5.1 BILLION RUPEES
MAN INDUSTRIES (INDIA) LTD - INTERIM DIVIDEND 5 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
Aug 7 (Reuters) - Man Industries (India) Ltd MIND.NS:
MAN INDUSTRIES (INDIA) JUNE-QUARTER CONSOL NET PROFIT 112.1 MILLION RUPEES VERSUS PROFIT 98.4 MILLION RUPEES
MAN INDUSTRIES (INDIA) JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.90 BILLION RUPEES VERSUS 5.1 BILLION RUPEES
MAN INDUSTRIES (INDIA) LTD - INTERIM DIVIDEND 5 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: MIND.NS
(([email protected];))
Man Industries (India) Got Settlement Order From SEBI In Matter Of Show Cause Notice Alleged Violations Pertaining To Forensic Audit Intimation
Aug 1 (Reuters) - Man Industries (India) Ltd MIND.NS:
GOT SETTLEMENT ORDER FROM SEBI IN MATTER OF SHOW CAUSE NOTICE ALLEGED VIOLATIONS PERTAINING TO FORENSIC AUDIT INTIMATION
Source text for Eikon: ID:nNSEzC0GY
Further company coverage: MIND.NS
(([email protected];;))
Aug 1 (Reuters) - Man Industries (India) Ltd MIND.NS:
GOT SETTLEMENT ORDER FROM SEBI IN MATTER OF SHOW CAUSE NOTICE ALLEGED VIOLATIONS PERTAINING TO FORENSIC AUDIT INTIMATION
Source text for Eikon: ID:nNSEzC0GY
Further company coverage: MIND.NS
(([email protected];;))
Man Industries (India) Says Activity At Anjar Plant Affected Due To Cyclone Biparjoy
June 23 (Reuters) - Man Industries (India) Ltd MIND.NS:
ACTIVITY AT COMPANY PLANT AT ANJAR, GUJARAT IS AFFECTED DUE TO THE CYCLONE BIPARJOY
SOME PARTS OF THE BUILDING, INFRASTRUCTURE DAMAGED, LOSS TO THE PROPERTY
NO LOSS OF LIFE IS REPORTED
RESTORATION WORK IS IN FULL SWING AND PRODUCTION ACTIVITIES HAVE RESUMED
Further company coverage: MIND.NS
(([email protected];))
June 23 (Reuters) - Man Industries (India) Ltd MIND.NS:
ACTIVITY AT COMPANY PLANT AT ANJAR, GUJARAT IS AFFECTED DUE TO THE CYCLONE BIPARJOY
SOME PARTS OF THE BUILDING, INFRASTRUCTURE DAMAGED, LOSS TO THE PROPERTY
NO LOSS OF LIFE IS REPORTED
RESTORATION WORK IS IN FULL SWING AND PRODUCTION ACTIVITIES HAVE RESUMED
Further company coverage: MIND.NS
(([email protected];))
India's Man Industries down 12.5% on Q4 revenue and profit drop
** Shares of Man Industries MIND.NS fall as much as 12.5% to 112.2 rupees, biggest pct loss since Nov. 15, 2022
** Co reports drop in revenue and profit for March qtr by 4.1% and 1.7%, respectively
** Its other income also falls ~28% to 114.2 mln rupees
** More than 718,600 shares change hands by 09:40 a.m. IST vs 1.8x 30-day avg of 402,255 shares
** Stock up 65% YTD
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Man Industries MIND.NS fall as much as 12.5% to 112.2 rupees, biggest pct loss since Nov. 15, 2022
** Co reports drop in revenue and profit for March qtr by 4.1% and 1.7%, respectively
** Its other income also falls ~28% to 114.2 mln rupees
** More than 718,600 shares change hands by 09:40 a.m. IST vs 1.8x 30-day avg of 402,255 shares
** Stock up 65% YTD
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Man Industries (India) Ltd March-Quarter Consol Net Profit Falls
May 18 (Reuters) - Man Industries (India) Ltd MIND.NS:
MARCH-QUARTER CONSOL NET PROFIT 260.5 MILLION RUPEES VERSUS PROFIT 265.1 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.98 BILLION RUPEES VERSUS 6.14 BILLION RUPEES
Source text for Eikon: ID:nBSE5hhCzw
Further company coverage: MIND.NS
(([email protected];))
May 18 (Reuters) - Man Industries (India) Ltd MIND.NS:
MARCH-QUARTER CONSOL NET PROFIT 260.5 MILLION RUPEES VERSUS PROFIT 265.1 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.98 BILLION RUPEES VERSUS 6.14 BILLION RUPEES
Source text for Eikon: ID:nBSE5hhCzw
Further company coverage: MIND.NS
(([email protected];))
India's Man Industries up 3% on bagging orders worth 5 bln rupees
** Shares of Man Industries Ltd MIND.NS rise as much as 3.27% to 116.85 rupees
** Pipes maker gets new orders worth about 5 bln rupees
** Orders to be executed in six to eight months
** Total order book now stands at 23 bln rupees
** Trading volume is 442,738 shares as of 12:55 p.m. IST, 1.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Man Industries Ltd MIND.NS rise as much as 3.27% to 116.85 rupees
** Pipes maker gets new orders worth about 5 bln rupees
** Orders to be executed in six to eight months
** Total order book now stands at 23 bln rupees
** Trading volume is 442,738 shares as of 12:55 p.m. IST, 1.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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What does Man Industries do?
Established in 1988, Man Industries (India) Limited is based in Mumbai and specializes in manufacturing, processing, and trading submerged arc welded pipes and steel products.
Who are the competitors of Man Industries?
Man Industries major competitors are Maharashtra Seamless, ISMT, Hi-Tech Pipes, Rama Steel Tubes, Aeroflex Industries, Hariom Pipe Inds., Goodluck India. Market Cap of Man Industries is ₹1,863 Crs. While the median market cap of its peers are ₹2,331 Crs.
Is Man Industries financially stable compared to its competitors?
Man Industries seems to be less financially stable compared to its competitors. Altman Z score of Man Industries is 3.75 and is ranked 8 out of its 8 competitors.
Does Man Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Man Industries latest dividend payout ratio is 12.31% and 3yr average dividend payout ratio is 15.12%
How has Man Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory
How strong is Man Industries balance sheet?
Balance sheet of Man Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Man Industries improving?
Yes, profit is increasing. The profit of Man Industries is ₹109 Crs for TTM, ₹105 Crs for Mar 2024 and ₹67.04 Crs for Mar 2023.
Is the debt of Man Industries increasing or decreasing?
Yes, The debt of Man Industries is increasing. Latest debt of Man Industries is -₹96.37 Crs as of Sep-24. This is greater than Mar-24 when it was -₹199.97 Crs.
Is Man Industries stock expensive?
Yes, Man Industries is expensive. Latest PE of Man Industries is 17.07, while 3 year average PE is 11.48. Also latest EV/EBITDA of Man Industries is 7.4 while 3yr average is 5.52.
Has the share price of Man Industries grown faster than its competition?
Man Industries has given lower returns compared to its competitors. Man Industries has grown at ~-30.41% over the last 1yrs while peers have grown at a median rate of -18.59%
Is the promoter bullish about Man Industries?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 46.21% and last quarter promoter holding is 46.15%.
Are mutual funds buying/selling Man Industries?
There is Insufficient data to gauge this.